If you like big banks, there's an ETF for that.
Publishing timestamp: 2023-03-22 17:03:20
Summary
Roundhill Investments launched a new Big Bank ETF in response to the banking crisis. The fund includes no regional banks but holds equally weighted positions in six institutions. The launch of the ETF comes as larger banks are increasingly being seen as relative safe havens in the sector, while regional bank stocks remain volatile this week. However, investors should research for the right reasons before investing in financial ETFs.
Sentiment: NEUTRAL
Tickers: FRC, MS, C, KRE, JPM, GS, KBE, WFC, BAC, SIVB,
Keywords: goldman sachs group inc, investment strategy, markets, roundhill big bank etf, stock markets, bank of america corp, first republic bank, exchange-traded funds, svb financial group, spdr s&p bank etf, wells fargo & co, spdr s&p regional banking etf, citigroup inc, business news, jpmorgan chase & co, morgan stanley,
Source: https://www.cnbc.com/2023/03/22/if-you-like-big-banks-theres-an-etf-for-that.html